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Emirates 24/7
04-03-2025
- Business
- Emirates 24/7
HE Saeed Mohammed Al Tayer reviews progress of the Mohammed bin Rashid Al Maktoum Solar Park
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has reviewed progress at the 1,800MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, developed under the independent power producer (IPP) model with investments of up to AED 5.5 billion. The Mohammed bin Rashid Al Maktoum Solar Park is the world's largest single-site solar park. The solar park's projects, implemented by DEWA using the IPP model, are key to achieving the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to ensure 100% of Dubai's total power capacity is from clean energy sources by 2050. Al Tayer was accompanied by Waleed bin Salman, Executive Vice President of Business Development and Excellence at DEWA, along with senior officials and engineers from DEWA. Al Tayer was briefed on the progress of the sixth phase by officials from Shuaa Energy 4. The project is approximately 53% complete, with 600MW out of the total 1,800MW already operational. The sixth phase of the solar park uses the latest bifacial solar photovoltaic technologies with single-axis tracking. This phase will provide clean energy for approximately 540,000 residences and reduce around 2.36 million tonnes of carbon emissions annually. The project spans 20 square kilometres. The solar park's current production capacity is 3,460MW, with an additional 1,200MW under construction. By 2030, the solar park's total capacity will reach 7,260MW, with clean energy contributing around 34% of Dubai's total energy capacity. Follow Emirates 24|7 on Google News.
Zawya
04-03-2025
- Business
- Zawya
Dubai solar park's 6th phase reaches 53% completion, 600MW operational
The sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the world's largest single-site solar park, has reached 53 percent completion, with 600 megawatts (MW) out of its total 1,800MW capacity already operational, according to an update from Dubai Electricity and Water Authority (DEWA). The project is being developed by Shuaa Energy 4, a joint venture between DEWA (60 percent) and Masdar (40 percent), under the Independent Power Producer (IPP) model. The 5.5 billion UAE dirhams ($1.5 billion) IPP project spans 20 square kilometres and utilises bifacial solar photovoltaic (PV) technology with single-axis tracking to enhance energy output, DEWA said in a press statement. Once fully operational, this phase will supply clean energy to approximately 540,000 residences and cut 2.36 million tonnes of carbon emissions annually. The sixth phase achieved Levelised Cost of Energy (LCOE) of US$1.6215 cents per kilowatt hour (kWh), which is the lowest price for the solar park's phases. The financial close was achieved in February 2024. DEWA said in August 2023 that the project would be operationised in stages starting from the fourth quarter of 2024. Currently, the solar park's total production capacity stands at 3,460MW, with an additional 1,200MW under construction. By 2030, its total capacity will reach 7,260MW, contributing 34 percent of Dubai's total energy mix and advancing Dubai's Clean Energy Strategy 2050 and Net Zero Carbon Emissions Strategy 2050. (Writing by Deva Palanisamy; Editing by Anoop Menon) (
